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Updated almost 7 years ago,
Help with BRRRR calculator for cash flow
Hello BP family,
My wife and I are looking at a 4/5 plex in Carson city NV, can anyone help me with the cash flow numbers on the BRRRR calculator. I've watched 2-3 Brandon BP videos and I'm not getting to the bottom line or answer on this property. Can anyone shed some light on this property?
4 units in same building plus one detached unit (5th) next to carport, Im going to try to buy this property using the BRRRR and I'd like use the 5th unit as an office to keep it out of a commercial loan scenario.
Property is $550,000.00 - rent for all 5 units comes out to $4250.00 a month and the rent is under current market value. How much should I pay for this property if the total rent is only $4250 for all 5 units.
thank you for any insight.